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Luca Mining agreed to acquire the El Barqueno gold-silver-copper project in Jalisco, Mexico, from Agnico Eagle for $10 million upfront, with additional consideration up to $60 million plus a net smelter return interest.
overs over 32,000 hectares, is accessible by paved and secondary roads, and is located in the State of Jalisco, Mexico approximately 100km west of Guadalajara city and proximate to the municipality of Guachinango (see Figure 1 below). The Project is host to a historical (2025) mineral resource estimate of 399,265 ounce